Colorado Cost of Living

Housing costs and affordability data for 64 counties.

Average Monthly Rent

$1,253/mo

Average Home Value

$398,069

Average Owner Cost

$1,207/mo

8% above national average rentExplore on Map

At a Glance

Average Monthly Rent
$1,253/mo
8% above national median
Average Home Value
$398,069
41% above national median
Avg. Monthly Owner Cost
$1,207/mo
28% below national median
Affordability Rating
Affordable
Avg. rent under 30% of income

Housing Costs in Colorado: An Overview

The median rent in Colorado is $1,253 per month, which is 8% above the national median of $1,163. This places the state among the more expensive places to lease a home in the country.

Within Colorado, housing costs vary significantly by county. Douglas County is the most expensive county with a median rent of $2,095 per month and a median home value of $674,000. At the other end of the spectrum, Baca County offers the most affordable housing, with a median rent of $490 per month and homes valued at a median of $122,000.

The average home value across Colorado counties is $398,069, 41% higher than the national median of $281,900. With a median household income of roughly $74,792, many residents find homeownership a stretch.

Before moving to Colorado, it is worth understanding the local housing landscape. Costs can swing dramatically between rural and urban counties, so researching the specific county you plan to live in is essential. Use the county-level data below to compare rent, home values, and affordability ratings so you can budget accurately for your relocation.

Distribution

Rent Distribution in Colorado

How median rents are spread across 64 counties

All Colorado Counties

CountyMedian RentHome ValueOwner CostRent/Income
Douglas County
Expensive$2,095/mo
$674,000$2,524/mo30.0%
Broomfield County
Expensive$2,074/mo
$631,600$2,032/mo28.0%
Eagle County
Expensive$2,032/mo
$814,700$2,081/mo36.0%
Park County
Expensive$1,942/mo
$489,300$1,598/mo29.0%
Boulder County
Expensive$1,893/mo
$713,900$1,970/mo34.0%
Pitkin County
Expensive$1,880/mo
$1,131,200$2,154/mo29.0%
Summit County
Expensive$1,851/mo
$850,700$1,874/mo26.0%
Routt County
Expensive$1,845/mo
$756,200$1,837/mo31.0%
Arapahoe County
Expensive$1,812/mo
$526,000$1,934/mo32.0%
Jefferson County
Expensive$1,792/mo
$604,400$1,937/mo31.0%
Denver County
Expensive$1,770/mo
$586,700$1,979/mo29.0%
Teller County
Expensive$1,746/mo
$445,000$1,422/mo32.0%
Adams County
Expensive$1,713/mo
$458,400$1,874/mo33.0%
Dolores County
Expensive$1,688/mo
$231,900$466/mo16.0%
Larimer County
Expensive$1,677/mo
$532,200$1,738/mo32.0%
El Paso County
Expensive$1,609/mo
$431,000$1,698/mo31.0%
Lake County
Expensive$1,599/mo
$401,300$1,096/mo33.0%
Garfield County
Expensive$1,515/mo
$490,600$1,647/mo30.0%
Chaffee County
Expensive$1,514/mo
$598,500$1,044/mo30.0%
Jackson County
Moderate$1,484/mo
$250,000$531/mo29.0%
Weld County
Moderate$1,469/mo
$444,500$1,826/mo33.0%
Grand County
Moderate$1,451/mo
$507,200$1,334/mo31.0%
Elbert County
Moderate$1,436/mo
$664,600$2,214/mo29.0%
Archuleta County
Moderate$1,409/mo
$451,400$1,137/mo28.0%
La Plata County
Moderate$1,409/mo
$549,100$1,437/mo30.0%
Ouray County
Moderate$1,398/mo
$670,100$950/mo27.0%
Gilpin County
Moderate$1,340/mo
$512,600$1,808/mo40.0%
Clear Creek County
Moderate$1,230/mo
$572,800$1,794/mo32.0%
Gunnison County
Moderate$1,191/mo
$597,200$1,471/mo31.0%
San Miguel County
Moderate$1,173/mo
$613,100$1,531/mo26.0%
Mesa County
Moderate$1,154/mo
$349,400$1,214/mo29.0%
Montrose County
Moderate$1,120/mo
$357,900$881/mo29.0%
Hinsdale County
Moderate$1,099/mo
$438,800$792/mo23.0%
Morgan County
Moderate$1,092/mo
$299,300$1,264/mo27.0%
Delta County
Moderate$1,080/mo
$318,000$930/mo32.0%
San Juan County
Moderate$1,076/mo
$406,900$772/mo22.0%
Pueblo County
Moderate$1,059/mo
$271,800$1,105/mo31.0%
Moffat County
Moderate$1,051/mo
$262,500$1,173/mo24.0%
Fremont County
Moderate$1,036/mo
$282,100$873/mo26.0%
Logan County
Moderate$1,027/mo
$228,100$871/mo27.0%
Custer County
Moderate$1,021/mo
$358,800$768/mo26.0%
Washington County
Affordable$991/mo
$218,300$720/mo20.0%
Crowley County
Affordable$976/mo
$106,700$685/mo36.0%
Montezuma County
Affordable$974/mo
$308,100$907/mo32.0%
Phillips County
Affordable$947/mo
$255,300$847/mo26.0%
Rio Blanco County
Affordable$924/mo
$243,400$1,043/mo27.0%
Kit Carson County
Affordable$916/mo
$221,400$852/mo28.0%
Alamosa County
Affordable$904/mo
$218,800$820/mo28.0%
Mineral County
Affordable$903/mo
$413,000$971/mo31.0%
Yuma County
Affordable$897/mo
$215,600$883/mo24.0%
Las Animas County
Affordable$875/mo
$214,500$894/mo30.0%
Kiowa County
Affordable$869/mo
$148,600$677/mo24.0%
Cheyenne County
Affordable$862/mo
$187,100$643/mo20.0%
Costilla County
Affordable$857/mo
$171,300$466/mo40.0%
Bent County
Affordable$854/mo
$137,900$718/mo31.0%
Lincoln County
Affordable$854/mo
$232,100$815/mo26.0%
Otero County
Affordable$796/mo
$160,700$831/mo29.0%
Rio Grande County
Affordable$782/mo
$215,400$875/mo25.0%
Saguache County
Affordable$746/mo
$200,000$675/mo27.0%
Prowers County
Affordable$741/mo
$150,900$754/mo32.0%
Huerfano County
Affordable$739/mo
$256,700$684/mo29.0%
Sedgwick County
Affordable$728/mo
$142,700$792/mo35.0%
Conejos County
Affordable$724/mo
$162,100$538/mo27.0%
Baca County
Affordable$490/mo
$122,000$608/mo21.0%

Compare Colorado to Other States

See how Colorado counties stack up against counties in other states. Compare rent, home values, and affordability side by side.

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Frequently Asked Questions About Colorado Housing Costs

What is the most affordable county in Colorado?
Baca County is among the most affordable counties in Colorado with a median rent of $490 per month.
What is the most expensive county to live in Colorado?
Douglas County is among the most expensive counties in Colorado with a median rent of $2,095 per month and a median home value of $674,000.
How does Colorado's cost of living compare to the national average?
Colorado's average monthly rent of $1,253 is 8% above the national median of $1,163.
What is the average home value in Colorado?
The average home value across all Colorado counties is $398,069.
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